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This question is open to all, as I am interested to see what adjustments people will make in 2023, especially as pricing will soften and rates will most likely remain above 4% and unemployment will increase?As a note ...
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We have been requesting a 14 day inspection period in our offers, and just got a response from a realtor indicating that in the region we are looking at purchasing, the most time that is given is 7 days as no one want...
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My Fiancée and I bought a small multi family (duplex), REO, in our little town. We secured the home with a cash purchase, that we borrowed from a private lender. The strategy is to BRRRR this house, and pay the lender...
Hey guys I have a n00b question when it comes to HML. I’m trying to see the value/if it makes sense for me.My typical deal is usually all cash for the purchase + reno. Currently here is a deal I’m looking at (conserva...
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Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
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I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
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Has anyone been on the lender side of private money and had a bad experience that they are willing to share? Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd li...
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[Copied from my post in "General Real Estate Investing"]FUNDING UPDATE:
Hi everyone, thanks for keeping up with me and my undying drive to acquire this property (off-market value-add duplex in my market).
I spoke wi...
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Hello!
Rehab ($25-$30k) on my first BRRRR is coming to a close (Purchased mid January) and I am now hunting down financing. I paid cash for the property and am looking for an 80% LTV cash out refinance. I got a quote...
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I am relatively new to real estate investing. I just bought my first property. I have a back ground in banking so I've been involved in rentals/construction/development for a while, but this is the first time I've p...